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of an economy that way. i think both sides now are going to have to make some kind of compromise. the republicans have me a in mind because i have a small business. 35% -- all of the other taxes that become involved, that small company cannot exist. who's to say it will not go to 69.4%? when will it stop? thank you very much. host: i also want to get david in on the democrats' line. caller: good morning. thank you to suspend for taking my call. sometimes i feel like c-span has changed their name to r-span if you know what i mean. a lot of right wing things going on. i think you are not quite as biased as you used to be. i hope we do go over the fiscal glove. the reason being, -- go over the fiscal cliff. the reason being, all bush era tax cuts will expire. the senate has already passed the bill for the middle class tax cuts to continue. let the republicans in the house go ahead and fight for the 2% when all of the -- when all will go into effect. take the senate's version. i think they have been sitting on it for eight months in the house. i think it is terrible to treat the amer
and the demand for oil -- actually, and the demand for oil continues to decline based on fuel economy standards and other reasons. and yet, with this revolution we still continue to have a problem. and i think the report that we're releasing today, the national strategy for energy security and its subtitle really says it all -- harnessing american resources innovation. and the first point is, how do we leverage this abundance we have in the united states to our maximum benefit? at a time when washington is talking about our fiscal crisis i'd say that the relationship of our oil needs to this crisis itself are close. it might not solve our fiscal crisis but clearly it's a necessary ingredient. every recession in the history of the united states in moden times has been preceded by or happening concurrent with an oil price spike. if we don't have continued growth we can cut all we want and raise revenue all we want, but we'll never find a way to solve our fiscal troubles. and i think this report really looks at how do we leverage this great abundance, this great blessing in the united states, both
for the economy. and, frankly, i find it difficult to see how it's better political ground even for the gop. i figured, i didn't get it. so i figured this was beyond my small political brain to understand. so i asked some of my smarter hill republican friends what the theory was here. they told me the idea is while the president can permit the economy to fall over the fiscal cliff, or curb, whatever you want to call it, he can't allow us to default on our debt. that would, like, destroy the economy. that gives republicans a stronger hand or so they think. but really, think about that. here's how it would go. later this month, republicans would, by voting present, which everyone would think was a bit weird, permit the bush tax cuts to expire for income over $250,000. that would let president obama pocket $1 trillion in tax revenue and secure a win on his key priority in the talks. but they would do nothing else. at the end of the year, we would still go over the fiscal cliff. remember, the bush tax cuts are one of the at least stimulative policies in the negotiations. according to the economic
captioning sponsored by macneil/lehrer productions >> woodruff: the economy added more jobs than expected in november, and the unemployment rate dropped to a four year low. good evening, i'm judy woodruff. >> brown: and i'm jeffrey brown. on the "newshour" tonight, paul solman breaks down the latest report. and we debate the benefits of extending unemployment insurance amid washington's fiscal uncertainty. >> woodruff: then we turn to the supreme court which agreed today to take up the issue of gay marriage. margaret warner looks at what's at stake with marcia coyle of "the national law journal." >> brown: hari sreenivasan reports on the threat to the shellfish industry from coast to coast, as ocean temperatures rise and the waters are more acidic. >> this is a very dramatic change that has not been seen in the worlds oceans for more than 50 million years. >> woodruff: mark shields and david brooks analyze the week's news. >> brown: and gwen ifill sits down with michael beschloss, whose recent foray into the twitter-verse has opened up a new way to view history in the digital age
-- never rise above it, what does that say about our country? to me, it says our economy is failing to provide the basic security, much less rising wages. our schools are failing to provide a path out of poverty our families and communities are breaking down -- out of poverty. our families and communities are breaking down. our homes and neighborhoods. at a time of great consequence, the american people have chosen a divided government. it is up to us to make this divided government work. we have to set aside partisan concerns. how to work together to prepare this economy to get people back on their feet? how do we get this sense of real security and upper mobility for all americans, especially those in need? they are the same. the old ways will not do. we need new thinking and renewed efforts from all americans. it is true that president obama won reelection. i congratulate him on his victory. on january 20, he will face a a fiscal economy and and i mess. you might say he will inherit these problems. [laughter] [applause] he his second term, i hope t will offer fresh ideas. failure
of the economy right now. the idea that there is this diagnosis that, it is too bad you people are not employed, you people do not have the right skills, there is no evidence that is going on. host: jim on the republican line, from maine. caller: i thank unemployment is probably a good thing, but when you expanded too far, it put a really heavy burden on the employers. as one lady called in on the last segment, the state she was from is obviously much higher than made is, but when it gets to a point that your state system goes broke, they put fees on the employer, and they cannot afford to pay the rates. host: mr. tanner? guest: the unemployment tax is generally under 1% even when you include the match that goes into the extended benefits. we're already running in federal debt more than 100% of gdp. once you get over 60% to 70% of gdp, that begins to slow economic growth. we are costing jobs. that is because that money is -- players are looking down the road and saying they're going to have to pay more in the future. we simply cannot afford to spend money, especially we do not have, and still e
than to stay in. won people drop out of the labor force they slow the economy. their productivity is gone, their contributions are no longer there, so this is a different situation we're facing today than we faced i really think since the end of the world war ii. >> brown: before the implication of the fiscal cliff,xplain it because different states have different impact. >> under normal economic times this say program that is governed by state law and administered by the state. and states pay up to 26 weeks of benefits, six months for people who lost jobs through no fault of their own. but if bad economic times historically congress has authorized additional levels of benefits. this time it is a program called the emergency unemployment compensation system. and there are four different tiers depending on how bad your state unemployment rate is every state gets 14 weeks. nine states get up to 47 a decisional weeks. and the rest are in betweenment but you have to be over 9% to get that additional 47 weeks. >> brown: so it is this program that is now caught up in the fiscal cliff ne
market. it is just going to affect the economy the same as gas prices or food prices going up on the poor and middle class. life will go on. just like life has gone on for the rest of the united states of america. but right now, i think the state of politics is very sad because they're seen -- there seems to be more of a game to be played and positions, one party having the upper hand over the other. not much is going to get done. and you have too many extremes on each side to make things a lot more difficult to run. and it makes it difficult on the president as well. i'm optimistic that the president got reelected, but pessimistic on anything really changing. have leased, anytime soon. -- at least, any time soon. host: and talking about actual change, if there will be a difference on january 1st or otherwise, in terms of taxes, politics, the fiscal cliff, john mckinnon, are any of these expiring? as part of our fiscal cliff series, we're looking at the bush tax cuts that are set to expire unless congress acts, and we are looking at spending cuts. our deductions on the chopping block unle
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with what our expectation is in terms of how the economy is going to perform and what will happen to the trajectory of house prices. in an environment where the economy is strong, house prices in most markets are, at worst, flat, generally rising. i would agree that borrowers will be accumulating down payment, reasonably steady income. the risks of default are manageable, covered with in the premiums. the problem is we feel we are in an environment of slower economic growth. there is not a lot of when under the sales, which means that the possibility that you can have recession is more likely because you're starting from a lower growth rate. house prices may be on a much flatter trajectory. then it is a question about whether the low down payment program is necessarily the best, even for the borrower. when you factor in -- and here is where downpayment does matter, because it is the culmination of a bar or -- the combination of a borrower, that is the determination of whether you get a default. the possibility that house prices decline in your market. house prices are very sensiti
in this country. theit has done nothing to stimulate jobs. it has done nothing to take our economy into a better shape. it was the bush tax cuts and the wars that drove us into this huge deficit that we have now. not the republicans' entitlements for this country and then we have neglected this country and the people of this country. we could have created jobs 10 times over. you have vets that are going to be coming back here, and where are the jobs for them? we have focused so much on these wars we got quagmired into, obama has been trying to get us out of them for the last four years. all the republicans have done for the last four years is say no, no, no to any kind of -- and obama has tried to push through bills to cut taxes for job creators, fo. host: for small businesses? caller: yes, for small businesses. host: here is reaction from senator lindsey gramm. he says this -- a republican from new jersey, go ahead. caller: i am calling in reference to this fiscal cliff. at this point, all the seniors are already in trouble. they are not going to get but a little increase. congress will automat
and the president. a little christmas cheer some early. the u.s. economy generating a stronger than expected 146,000 new jobs in november helping trim the jobless rate to 7.7%. a four-year low. happy holidays, right? not if you're john boehner. >> this isn't a progress report because there is no progress to report. the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. >> yes, indeed, it's like a visit from the ghost of christmas past, casual friday edition. another positive month of jobs numbers, another glum assessment by bah humbug boehner. he couldn't even be bothered to put on a holiday tie to take up the case of mr. scrooge and the top 2%. as nancy pelosi asked, why, oh, why is congress on another recess when they could be extending tax breaks for the middle class just in time for christmas? >> this is a moment of truth, the clock is ticking, christmas is coming, the goose is getting fat, why are you not bringing this to the floor? is this a forever, forever protection of the wealthiest people in our country at the expense of the mid
that this is a self-inflicted wound on our economy, you're exactly right, our current policy. we're educating brilliant students and then compelling them to go to work in shanghai or singapore rather than san antonio or the silicon valley. meanwhile, we're handing out tens of thousands of diversity visas to immigrants chosen by a random lottery, without regard to any qualifications they might when it comes to job creation and entrepreneurship. it makes absolutely no sense. i believe we need an immigration policy that serves our national interest. and if there's one thing that we need more than anything else now is we need job creators and entrepreneurs in the united states. and we know in the -- in the global economy, it's people with the special skills in science, technology, engineering and mathematics are the ones that are going to help us create jobs and grow the economy. not just for these individuals, but for the people that are hired by the start-up businesses that they will create. the stem jobs act would mitigate the problem with the diversity lottery visa which, again, does not dist
through in the next two years. that's a much bigger risk to the economy. >> therefore? >> therefore, if the president lets this thing -- look, the markets have already priced this in. >> i hear the opposite. i hear that they believe that grown-ups will do the job when they have to. they don't believe they're going to let us go over theically. >> i don't think the grown-ups believe they have to do the job by january 1st. i believe they believe the grown-ups have to do the job by january 30th or february 15th. >> they're going to believe the politicians can get the job done when they failed to get it done by january 1st. >> i hear what steve is saying there. i'm standing in your camp which is a rare spot for me to be in, standing in chris' camp here but i think you're right. i think the markets have not baked this into their equation. >> dysfunction and childishness. >> it has nothing to do would my bottom line in terms of how i'm going to pay for things. as a market force, i don't think they've baked that in. number two, i don't think that the president is going to allow this thing t
. cliffhanger. i don't know. if the economy falls in the forest and no one is here to hear it is there a sound. yesterday the republicans blame the democrats and the democrats blame the republicans. john had a exclusive with chris wallace. >> brian: chris wallace sat down with jone boehner. >> steve: here is mr. boehner describing the impression at the moment of what tim geithner was trying to sell him. >> i was ghasted and i looked at him and said you can't be serious. i never seen like it we have 7 weeks before election day andepped of the year. three of those weeks are wasted with this nonsense. >> y are talking about roughly. timothy depite gite saying we'll raise taxes 1.6 trillion and washington will increase taxes on capitol gains and we would like to say we like the power to raise the debt ceiling any time we want for the executive branch which is unconstitutional. >> steve: it is not 39 or 35 percent. all nonstarters in the world of negotiation. >> gretchen: two things to discuss. why is it tim geithner doing the discussions inted of the president of the united states. let me know if
. it's not going to inject demand into the economy that will create jobs. this is a bad deal all around. what we need is to make a judgment about what we do. does it reduce the deficit? >> joining me now is senator sherrod brown. senator, good to have you with us tonight. your comments on what nancy pelosi has to say about revenue. >> she's right. you look at a little history in the 1990s. the upper one or 2 or 5% were paying more in taxes. just a little bit more. we had 21 million private sector job creation, net job creation. when george bush cut taxes on the wealthy in 2001 and 2003, we've had no real job growth and no wage growth during this past decade. we're finally now after ten straight years of manufacturing job decline hitting places like toledo and cleveland and cincinnati particularly hard, we're seeing now in the last two years after the auto rescue, after we're doing some of the right things here, we're seeing job growth. i agree with what nancy pelosi said. history improves itself. >> so based on history, this is about math and not ideology. the sense i get on the hill to
is having on our economy, even before the end of the year, the labor department will release its november jobs report this morning. many economists believe fewer than 100,000 new jobs were created this month. that may be because companies are waiting to hire more companies until after the financial crisis is resolved. superstorm sandy likely had an impact on the unemployment rate economisted expect the unemployment rate to remain at 7.9%. >>> president obama says this northern virginia couple is proof that lawmakers must come to an agreement on a budget deal by the end of the year. he met with tiffany and richard santana yesterday. living with tiffany's parents to help make ends meet. she wrote about her struggles to the white house as part of a social media campaign. >> we live with an extended family. we have two sets of adult incomes in our home. it would be more like a $4,000 tax increase for us, which would be relatively devastating for our family. i wanted to share that with the white house. i wasn't sure i was going to get a response, but i did want to at least make my voice heard.
are an economy that is driven by consumer demand. i cannot think of anything that would be more guaranteed to put the economy in a recession than increasing the price of all goods and services that we purchase by 20-25%. >> host: we'll give brad on twitter the last word here. he says negotiate and simplify, let the republicans lower taxes and get rid of the amt. john buckley, thank you for your help this morning in helping us try to understand the alternative minimum tax, appreciate it. >> guest: okay, good. >> in a few moments, a discussion of house spending cuts in the so-called fiscal cliff. in a little less than an hour, more about the fiscal cliff with republican representative tom cole from oklahoma. then the head of fema testifies on capitol hill about the government's response to hurricane sandy. and later, senate debate on the u.n. treaty for the disabled. ♪ ♪ >> this weekend on c-span3's american history tv, follow harry truman easeleddest grandson to hiroshima as the city prepared to mark the bombing of the city in 1945. >> you know, everybody has their own view what happened, and
to slow walk the economy to the edge of the fiscal cliff. >> the extremely vague republican proposal did not include an increase in tax rates a position he reiterated on friday making clear there's no movement on the white house's red line on treasury secretary tim geithner as he was asked about it wednesday. >> the administration's position when it comes to raising taxes on the wealthy. making more than $250,000. if republicans do not agree, is the administration prepared to go over the fiscal cliff? >> absolutely. >> there's no agreement that doesn't involve the rates going up on the top wealthy 2%. >> republicans clinging to what little leverage they have to maximize cuts zeroed in on the debt ceiling hoping for a repeat of the 2011 showdown where house republicans were able to extract $2 trillion in cuts. $1 trillion cut from domestic programs in ten years and $1.2 trillion in cuts through a sequester. wednesday, president obama seemed to set another red line, a business round table who warned against the repeat of last year's debacle. >> i want to send a clear message. we are not go
they were in 1980 or 1950, the question is given the world today and the other economies do we have a competitive tax system and i think our slow going economy under president obama says we don't. >> the new york times though makes a mention of, just a sort of a passing mention in this massive article, by the way, about the need to cut spending like one or two sentences about the need-- >> and i think that milton freedman brought us, that spending is really the tax bill. it's just delayed. so, every toll the government spends eventually they're going to have to take it from someone, either in taxes or in inflation, so, this is why you're seeing a lack of business investment is because this massive spending and huge debt tells every business owner, every investor, big tax are are coming to eventually pay for this. >> what was the point of the piece? i know there's hand wringing out there, maybe the folks on the right say under obama our taxes have gone up and we may more in taxes than we've ever paid and attempt to say, we're not-- >> this is long-term by the president and his allies
this could do to the housing market, actually to the economy as a whole, i don't think there's a comparison. >> clayton: yesterday, 4.8 billion, the government is spending, borrowing already. 1 billion as opposed to 4 per day. and how will it effect home owners less likely to buy homes, less likely to sell the home and stuck underwater and affect their credit with the tax cut expiring? >> there's huge implications, 14 million home owners underwater on their homes and 4 million homes already in the default process and short sales have been making up. home sales in general and distressed real estate. 40% of the sales and half has been short sales. by letting this tax cut expire you deincentivizes the process and we're going to see home prices come down if that happens and a lot of negative impact on the housing market. >> blight perhaps in other neighborhoods that affect someone who may stay in the neighborhood. >> great to see you and we'll certainly being keeping our eye on the mortgage forgiveness debt relief act. >> thanks for asking hee. >> clayton: a prank call to kate middleton's nurse
to figure this out. lori: i was speaking with martin felton yesterday of harvard, the u.s. economy is still in serrous danger of falling into a recession. >> i think the fiscal cliff is the single biggest risk. if we avoid that, i think we have a good shot of growing. not rapidly, but between one and 2%. housing is recovering. i think without the fiscal cliff, we will do all right. lori: tax rates or than likely are going up, at least for one class. you have this slow growth. at the same time, think of the federal reserve keeping rates low for so long. we could be in serious trouble. >> on the inflation front, we are not very worried for the next year or two. it is out there, but not the next year or two. they will phase in whatever tax increase they put in. it will not hit next year. it will phase in over a couple years. that is the smart way to do it. lori: thank you for your time. >> thank you. you bet. melissa: i would like to be optimistic. date -- details of the probe have not been released. over 80 people have already been questioned about the more than $5 billion in trading losses l
is concerned about uncertainty. there is no uncertainty like the prospect that the largest economy that holds the world's reserve currency potentially defaults on its debts, that we give out the basic notion that the united states stands behind its obligations. we cannot afford -- host: whil"the wall street journal." guest: the president does not want to negotiate with the republicans on the debt ceiling. that is like giving a son or daughter a credit card to do with it as they want freely. i think the president has to admit that both sides have tried to break measures and legislations to the table that would reduce the debt ceiling. the president -- look at how the deficit has quadrupled since he has been in the white house and he wants to spend more money on his special programs. it will give him a full range to spend as he likes without any kind of restriction. it would be irresponsible for republicans and democrats to give this president that kind of power. host: jeff, good morning. caller: good morning. with republicans being cornered as far as the blame, why don't the republicans just v
the rate of the average inflation in the economy. so what you did is, number one, you had a supreme court ruling that it was in the best interests of the country to take away the liberty of individuals. and the congress had actually gone outside of the enumerated powers -- which lists very specifically what the congress can do -- and yet the supreme court held up the abandonment of the enumerated powers. and also the trumping of the tenth amendment. >> host: why -- when it comes to the commerce clause, you used that with supreme court justice elena kagan, and you reprint that testimony, your back and forth with elena kagan in "the debt bomb." what was the question you asked can her about fruits and vegetables? >> well, the question i asked is could the government tell you, mandate to you how many fruits and vegetables you would eat a day? and it really arises is what's the role for the government in terms of our lives? can, in fact, the commerce clause be viewed so widely as what was done in filburn v. united states, can it be interpreted so widely that we could eventually get to the poin
number as australia. i think we're a bigger country. i think the economy is a little bit bigger. people are not talking about that. we have an absurd situation to get 10,000 visas a year from mexico. i'm from southern california, you can fit those 10,000 visas in about half of long beach where i'm from. it doesn't begin to make sense. people aren't talking about that. i don't think obama is pressured to deal with this because he got four more percentage points. >> this is the artificial crisis. the crisis of insufficiency, it's created by our actual policy. with a stroke of the pen, we can change it. with legislation like all issues that are difficult, they're difficult for a reason. it's tough to get their politically but the easiest way to go about it. let's get the numbers of visas way up there so it reflects at least some bit of reality and stop criminalizing human existence. >> business push on this as well. >> there's a business push. frankly, there's going to be a fight. even though business is on the same side as immigrant rights movement, there will be a fight between business
will have a fundamentally adverse impact on the global economy spent it's doing it now with china and japan. that's interesting, as you've got two of the biggest economies in the world in a nightmare situation that raises a fundamental question, and it's of ending this myth that economics draws people closer together. part of the title today is "mischief or miscalculation?." during the cold war, what was interesting is you can have 17 different spheres of contact with the soviets and if two and if to implement you it's about 15 others. there was a lot of heavy investment figuring out how to communicate and how to coordinate, how to deal with escalation, how do you talk about that. and in this era, when i look at the amount of time, particularly in the obama administration, even more so than the george w. bush of administration, you look at senior officials who go to asia, throughout the region, and also the discussion and attempt to courtney with china. there seems to be a lot of that to try to coordinate. but again coming back to jim steinberg was the fourth member of this panel would happ
when, as we all recall, our economy was thriving. under the senate-passed plan, a family earning $255,000 a year would pay an extra 150 bucks in taxes. in opposing the middle-class tax cuts act, republicans claim that it would hurt the economy to raise tax rates on the top 2% of income earners. speaker boehner reiterated that line last week, saying, "it will hurt small businesses. it will hurt the economy." well, that is vintage republican political theory but it's just not supported by the facts. in a recent report, the nonpartisan congressional budget office estimated that extending the middle-class tax cuts would boost our national g.d.p., our gross domestic product, by 1.25% next year. it said the economic effects of extending only the middle-class rates are similar to those of extending all of the rates. why? because upper-income taxpayers are less likely to spend their tax savings back into the economy. in other words, c.b.o. reports we would get virtually no economic bang for our federal buck by extending the upper-income tax cuts the republicans are fighting for. c.b.o.'s anal
which we do to grow the economy, in infrastructure and innovation and making sure america is always on the cutting-edge of new entrepreneurship, the fact is that we want to do that, the president has put that forward, the election does make a difference, the president is absolutely strong about this. look i was just with him on friday. he came to my district. was at a business. they are showing some of that video right now. local business in my district that was a toy manufacturer and what they said to the president, what they said to me is we, we make more toys when there's consumer demand. let's make sure that middle class americans have dollars in their pockets, they continue to have confidence as consumers or grow that confidence and that our businesses, large and small respond to that, that they begin to see so stability. this is time when we're calling on speaker boehner to work with the president, to work with democrats in congress, and to get done what we have to get done, the american people, middle class and businesses, let's create that stability and confidence that this
will be able to be more prosperous and able to help others protect our economy from reckless and dangerous spending that is going on now, and that we protect the integrity of our legal system from erosion. i conclude this treaty is unnecessary and dangerous as to our sovereignty. so let's do more for the disabled worldwide. i will be supportive of that. an international organization -- i think the chair. i yield the floor. let me include one more thing. i am starting to view that we as a nation need to be more legally aware of the dangers of signing agreements with foreign nations to regulate internal affairs, even if it's not -- we are not giving weaker powers. i just don't think it's necessary. i think the past that. i'm opposed to that. i think in the long run we will have difficulty. mr. president, i yield the floor and reserve the balance of my time and my colleagues would like to speak on this matter. >> [inaudible] >> mr. president, i recognize the senator from arizona for seven minutes. >> the senator from arizona. mr. president, i come to the i've come to the floor with a bit of h
cuts went into effect. they were always meant to be permanent. there were supposed to help the economy help growth going forward. we had a recession as part of the last decade. we have fairly strong growth from 2003 through 2007. we are still feeling the fallout from that today. raising tax rates on job creators and small businesses will cut back on job creation. we will see those who would have otherwise gone back to work failing to get a job going forward. guest: most small businesses are small. 97% of small businesses, their portions are tied to the middle class. it is important for their tax cuts to be extended. it is much less important for the high-income people to have theirs extended. if you're talking about the ceo who wants to play golf and also by a vote, maybe there could be more incentive to play golf, and work a little less. what economists find is the the work ethic for the high-income people is not very sensitive at all to the change in tax rates. that is why the cbo says that if the high end tax cuts go away, growth rates will only be affected by one-tenth of 1%, which
is if there is a another way to get revenue from upper income americans that does not hurt our economy why would we not consider it. >> the president wants to in the bush era tax cuts for people making more than a quarter of a million dollars per year. the average middle-class public to pay about 2000 a year more in taxes. >> there is no reason why 98 percent of americans have to see their taxes go up because some members of congress on the republican side want to block tax rate increases for 2 percent of the most wealthy americans. >> nancy pelosi pushing for a house vote. >> we think it would be a wonderful christmas gift for the american people to receive a tax cut in january. >> we are optimistic. >> republican senator linda grant is pessimistic sang that it is a joke. >> the clock is ticking. i am andrew spencer reporting. >> we will take a quick break on the kron for morning news will have more headlines. in the meantime here are some of your pictures from this weekend's storm. send us your pictures and keep them coming fifth the e-mail address to send it to is for breaking news at kron4.com.
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in the midst of an act of collective subtlety in which the wall street dragged america and the world economy under their funeral pyre i realize sullivan had nothing kidding at all and instead of writing prophecy and disguised wisdom as whimsy and failed to include surefire ways not to get rich majoring -- or becoming a professional mandolin player, two of the most obvious ways of all if not becoming rich. first, believing anything that anybody at anytime says on wall street. and second, from my perspective most important come, investing as i did your entire life savings in a 401(k) run by aol-time warner. now as well as a contributing editor to the boat and the father of the lot of books he is co-author along with his long-suffering wife suzanne of two incredibly talented children, louise and extraordinary singer and musician who i hope will make it here this evening and sam, who is currently attending yale which bob tells me is a four year institution in either hartford or new haven. let me begin our discussion by pointing out the fitting miss of discussing my american revolution here on de
a significantly negative impact on the economy but we're not backing one particular plan or the other. >> let's take you overseas to syria where rebels have been gaining ground against government forces. rebels trapped 450 soldiers in side a sprawling military base. arwa damon has this exclusive look at the siege. >> reporter: close to aleppo rebels have a strange hold on a sprawling military base. there's a red gate next to a stonewall and then right behind it is the wall that is the outer perimeter of the military academy. it's less than 100 meters away, some 330 feet. we quickly move to another vantage point in a building next door. commanding the lions of aleppo battalion. it's clashes, he says, nonchalantly. he used to be a tailor. since the uprising began he's been wounded four times, and detained three. the rebels don't have binoculars. so he uses a camera to zoom into the base and show us government positions. you can see a sandbag fighting position on the roof of one of the buildings inside. fighting has been fierce but the rebels are confident they have the upper hand. he uses a poo
and the world's economy went to their fleming funeral pyre, i realized that sullivan had not been getting in all. instead he had been writing prophecy. he disguised wisdom as wednesday . pell to include among his sure-fire ways not to get rich such as a maturing in anything with the word medieval and it or becoming a professional mandolin player, two of the most obvious ways of not becoming rich. first, leaving anything to anybody at any time. second from my perspective investing as i did your entire life savings in a retirement run by a yellow time warner. now, as well as contributing editor in the fallout of a sextet of books he is co-author along with his patient long-suffering wife suzanne f2 incredibly talented -- talented children. louise, sam as attending yale. a four year institution. let me begin our discussion by putting out, the american revolution here on dentistry. the bill and seas were a promising new gun family fled to england and ireland and 16th century. a branch of the family subsequently emigrated to new york where they became major landowners. their state included a place wh
. ♪ ♪ the trucks are going farther. the new 2013 ram 1500. ♪ ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ ♪ guts. glory. ram. then how'd i get this... [ voice of dennis ] ...allstate safe driving bonus check? what is that? so weird, right? my agent, tom, said... [ voice of dennis ] ...only allstate sends you a bonus check for every six months you're accident-free... ...but i'm a woman. maybe it's a misprint. does it look like a misprint? ok. what i was trying... [ voice of dennis ] silence. ♪ ♪ ask an allstate agent about the safe driving bonus check. are you in good hands? >> eliot: you've got to give credit to alan simpson. the 81-year-old retired senator is pressuring congress to lower the debt, he's reaching out to the internet generation. all i can say is the man from wyoming knows a thing or two about riding a horse. [ ♪ music ♪ ] >> stop instagramming your breakfast and tweeting your first world problems and getting on youtube so you can see gangnam style. [ ♪ music ♪ ] >> and start using those precious social media skills a
is on the right track, and most believe president obama will improve the economy. >>> the face of politics will change today, so to speak. david axelrod is saying sayonara to his mustache. he promised to shave it if he raised more than $1 million for epilepsy research. he surpassed his goal. the facial hair will soon be no more. you're saying your dad had a beard. when he shaved, you didn't recognize him. >> he had a beard until i was 10 or 11 years old. he shaved it one day and i said, who is that? >> melissa mollet had a similar story about her dad. >> your facial hair, it's a big statement. >> okay. >> we'll see how he looks. coming up on 6:51. time to get a check of weather and traffic on the ones. >>> eun and richard, good morning to you. good morning to everybody. a little light rain first thing this morning. isn't going to add up to too much, but danella's been following slipperiness on the morning commute. be extra careful today. it's just liquid at this point in time. temperatures well above the freezing mark. not looking for wintry weather. no icing problems. any little bit of wa
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